The cataract surgery devices market was valued at US$ 7.4 billion in 2020, andis predicted to advance at a CAGR of 5% from 2022 to 2032. Cataract Surgery isthe removal of the eye’s clouded natural lens, and replacing it with an
artificial lens that helps restore vision to the eye.
Without removing the cataract surgically, most patients withcataracts suffered with the blurred vision, if not complete blindness.
Surgically removing the cataract is the only way to restorevision and see the world clearly once again.
The cataract operation is normally an outpatient procedure,and most patients are discharged immediately after the cataract surgery.
Cataracts are the most common worldwide cause of impairedvision and are a particular problem in developing countries, where they
commonly lead to blindness.
According to National Institute of Eye. The risk of cataractincrease with each decade of life starting around age of 40. By age 75, half of
Americans have cataract. By age 80, 70 percent of American population have
cataract.
Cataract Surgery Devices Market: Drivers and Restraints
Cataract surgery devices global market is driven by theaging population, increased prevalence of ocular disorders.
Cataract surgery devices global market drives the geriatricpopulation, increase in the prevalence of ocular disorders, technological
advancement in healthcare around the globe and growth in the emerging
economies.
However, lack of healthcare insurance, lack of generalawareness among people about eye disorders and poor primary healthcare
infrastructure are some factors that act as a barrier for this market.
Cataract Surgery Devices Market: Overview
With rapid technological advancement in healthcare, increasein the prevalence of ocular disorders, and the aging population.
The cataract surgery devices global market is expected tohave a healthy growth rate in the forecast period (2015-2025).
Cataract Surgery Devices Market: Region-wise Outlook
Depending on geographic region, global cataract surgerydevices marketis segmented into seven key regions: North America, South
America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East
& Africa.
Due to the high population Asia-pacific shows the fastestgrowth, and due to the large geriatric population North America and Europe have
the high growth rate.
Cataract Surgery Devices Market: Key Players
Some of the key participating global market players incataract surgery devices are Carl Zeiss Meditech AG, Bausch & Lomb Inc.,
Alcon Incorporated, NIDEK Co. Ltd., Essilor International S.A and others.
Information Source: https://www.futuremarketinsights.com/reports/cataract-surgery-devices-market
